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Greece

Banking in Greece: How Foreigners Can Open Accounts with Ease

Banking in Greece: How Foreigners Can Open Accounts with Ease

There are 36 banks in Greece: national, foreign and EU banks, which operate under a single licence. Investors and cosmopolitans open accounts in Greek banks to use money abroad, receive dividends from foreign companies, and save money. A foreigner can obtain a residence permit in Greece if they open a bank deposit of €400,000 or more. Opening a bank account in Greece as a foreign resident is possible if you come to the branch in person. A new client needs to justify the purpose of opening an account and pass the bank’s Due Diligence.

Julia Loko

Julia Loko

9 min
Greece Insurance Guide: Public and Private Coverage for Foreigners

Greece Insurance Guide: Public and Private Coverage for Foreigners

Greece has one of the most extensive and developed public insurance systems in the EU: EFKA. It is funded by social security payments and provides the residents with universal healthcare, family benefits, and life insurance compensations. Here is how different types of public and private insurance work for different categories of Greek inhabitants — from nationals to tourists, expats and investors.

Julia Loko

Julia Loko

7 min
European Real Estate: Prices, Taxes, and Real Costs of Ownership

European Real Estate: Prices, Taxes, and Real Costs of Ownership

According to the Emerging Trends in Real Estate report, investors consider Berlin, London, Paris, Amsterdam and Hamburg to be the most promising for real estate investments. The top ten also includes cities in Spain, Italy and Austria. Each European country has its own rules for buying an EU house. To help future cosmopolitans navigate them, we have compiled a guide to real estate in Europe. Immigrant Invest explains the average cost per square meter of housing, additional costs in buying European real estate, the amount of utility bills and annual taxes. The guide will be useful for cosmopolitans who are considering buying real estate in Europe to participate in programs for obtaining a residence permit or second citizenship.

Elena Ruda

Elena Ruda

24 min
Greek Healthcare System: Complete Guide for Expats and Residents

Greek Healthcare System: Complete Guide for Expats and Residents

The Greek healthcare system is a mix of a National Health System, compulsory social insurance, and private healthcare. Public health care includes around 130 general and specialised hospitals, 200 primary health care centres, and 1,500 rural medical surgeries. Let’s look more closely at what Greece's health care system is like and who is eligible to use it.

Julia Loko

Julia Loko

9 min

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